Dorato Announces Non-Brokered Private Placement

Dorato Resources Inc. ("Dorato" or the "Company") (TSX
VENTURE:DRI)(OTCQX:DRIFF)(FRANKFURT:DO5), subject to regulatory approval, will
conduct a non-brokered private placement of up to 20 million shares at $0.09
cents per share for gross proceeds of up to 1.8 million.


Finders' fees equal to 5 per cent of the gross proceeds raised may be paid to
certain finders for part of the private placement.


The financing is subject to the approval of the TSX Venture Exchange. All
securities issued pursuant to the private placement will be subject to a
four-month hold period.


The finances will be used to finance initial exploration of its Deborah Gold
Property (100% owned) in Cajamarca, Peru and for general working capital.


The Deborah Gold property is located only one hour east of the city of
Cajamarca, with good access via paved and dirt roads. Work is scheduled to
commence following receipt of approvals and completion of the abovementioned
financing. In addition to remapping, the property will be sampled with both soil
and rock grids, since very little of the historic surface data are available.
The recessive area between two groups of drill holes will be a priority. The
trail cuts leading up across the recessive area will be mapped first to
determine the depth of overburden, and, if they are less than a few metres,
trenches and pits will be dug in the area and any bedrock will be sampled. (See
September 23, 2011 News Release for additional information).


About Dorato Resources Inc.

Dorato Resources Inc. is mineral exploration company focused on the highly
prospective Northern Peru copper-gold porphyry-epithermal belt. The Company has
property rights in two geographic centres:




--  Cajamarca Region Project-- Dorato has acquired rights on the Deborah
    property, which is nestled between several important copper-gold
    deposits, including Michiquillay and El Galeno. 

--  Cordillera del Condor Asset-- one of the most important gold-bearing
    districts in northern Peru since pre-Incan times. Dorato, through a
    series of option agreements has the right to wholly acquire an extensive
    land package of approximately 1,050-square-kilometres, providing the
    Company with the largest land position in the Cordillera del Condor. 



The Company focuses on grassroots opportunities in strategically important
locations where prospectivity can be demonstrated by proximity to existing
deposits. The Cajamarca Region, in contrast, is an established mining district
with excellent infrastructure. The Deborah property is a foothold for Dorato
into an established area with excellent exploration potential. The Cordillera
del Condor project represents an exceptional land position and an emergent
copper-gold district, located close to the border with Ecuador. This remote area
of Peru was unexplored until recently, but it is located within kilometres of
recent discoveries like Fruta del Norte and the Mirador District (both located
just across the border in Ecuador).


On behalf of the board of directors of DORATO RESOURCES INC.

Anton Drescher, Interim President and CEO

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements and forward-looking
information (collectively, "forward-looking statements") within the meaning of
applicable Canadian and US securities legislation. All statements, other than
statements of historical fact, included herein including, without limitation,
statements regarding the anticipated content, commencement and cost of
exploration programs, anticipated exploration program results, the discovery and
delineation of potential mineral deposits/resources/reserves, business and
financing plans and business trends, are forward-looking statements. Although
the Company believes that such statements are reasonable, it can give no
assurance that such expectations will prove to be correct. Forward-looking
statements are typically identified by words such as: believe, expect,
anticipate, intend, estimate, postulate and similar expressions, or are those,
which, by their nature, refer to future events. The Company cautions investors
that any forward-looking statements by the Company are not guarantees of future
results or performance, and that actual results may differ materially from those
in forward looking statements as a result of various factors, including, but not
limited to, variations in the nature, quality and quantity of any mineral
deposits that may be located, variations in the market price of any mineral
products the Company may produce or plan to produce, the Company's inability to
obtain any necessary permits, consents or authorizations required for its
activities, the Company's inability to produce minerals from its properties
successfully or profitably, to continue its projected growth, to raise the
necessary capital or to be fully able to implement its business strategies, to
obtain the required supreme decree from Peruvian authorities and other risks and
uncertainties disclosed in the Company's Amended 2010 Annual Information Form
filed with certain securities commissions in Canada and the Company's 2010
Annual Report on Form 40-F filed with the United States Securities and Exchange
Commission (the "SEC"), and other information released by the Company and filed
with the appropriate regulatory agencies. All of the Company's Canadian public
disclosure filings may be accessed via www.sedar.com and its United States
public disclosure filings may be accessed via www.sec.gov.
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